Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2020
Total revenue $ 2,643,455 $ 1,819,946 $ 1,977,330
Compensation and benefits 1,741,452 1,297,880 1,297,994
General and administrative expenses 237,272 191,776 258,957
Depreciation and amortization 63,521 61,845 55,311
Restructuring charges, net   30,732 58,559
Total operating expenses 2,173,381 1,664,162 1,801,305
Operating income 470,074 155,784 176,025
Other (loss) income, net (11,880) 37,194 (2,879)
Interest expense, net (25,293) (29,278) (22,184)
Income before provision for income taxes 432,901 163,700 150,962
Income tax provision 102,056 48,138 43,945
Net income 330,845 115,562 107,017
Net income attributable to noncontrolling interest (4,485) (1,108) (2,071)
Net income attributable to Korn Ferry $ 326,360 $ 114,454 $ 104,946
Earnings per common share attributable to Korn Ferry:      
Basic $ 6.04 $ 2.11 $ 1.91
Diluted $ 5.98 $ 2.09 $ 1.90
Weighted-average common shares outstanding:      
Basic 52,807 52,928 54,342
Diluted 53,401 53,405 54,767
Cash dividends declared per share: $ 0.48 $ 0.40 $ 0.40
Fee Revenue      
Total revenue $ 2,626,718 $ 1,810,047 $ 1,932,732
Cost of services 114,399 72,030 85,886
Reimbursed Out Of Pocket Engagement Expenses      
Total revenue 16,737 9,899 44,598
Reimbursed Expenses      
Cost of services $ 16,737 $ 9,899 $ 44,598